Major Rating Factors:
Operating profits as a percentage of assets at 0.5%, coupled with a return on assets of 0.4 has resulted in Weak (1.9) profitability. A current level of 13.0 percent of nonperforming loans to core capital combined with 6.4 percent from a year earlier contributes to the Fair asset quality (3.2).
Other Rating Factors:
Weak liquidity 2.5, driven by a liquidity ratio of 15.8 percent and a “hot money” ratio of 37.0 percent. Excellent current capitalization (10.0 on a scale of 0 to 10) based on a risk-based capital ratio of 14.6 and a capital leverage ratio of 13.3.
Asset Mix:
Home mtgs (32%), comm re (15%), comm loans (8%), securities (7%), cash (7%), consumer loans (0%), other (30%)
States with Branches:
OK
Asset Quality
Non-Performing Loans to Capital
Non-Performing Assets to Assets
Non-Performing Loans to Loans
Loan Loss Reserves to Loans
Charge-Offs to Average Loans
5-Year Charge-Offs to Average Loans
5-Year Asset Growth
1-Year Asset Growth
Profitability
Operating Profit to Average Assets
Return on Equity
Net Interest Spread
5-Year ROAA (Return on Average Assets)
Overhead Efficiency Ratio
Corporate Info
Group Affiliation
Gateway First Bancorp, Inc.
Investment Rating
--
Address
244 South Gateway Place
Jenks, OK 74037
Jenks, OK 74037
Phone Number
(918) 324-0021
Year Founded
2007
FDIC Number
Website
Largest Affiliates
No affiliate information available.